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Michigan bonds

Michigan — Security Guard Agency Bond

Choose the $25,000 bond route for your Michigan private security guard agency license. Apply through The Southern Agency with your agency's legal name and qualifying officer details ready.

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Recorded state
Michigan
Category
Professional & occupational licenses

What this bond does

The bond secures faithful and honest conduct of the licensed security business under Michigan’s Private Security Business and Security Alarm Act.

Who needs it
Michigan security guard agencies choosing a surety bond as their licensing security. LARA also permits the insurance alternative described in MCL 338.1059(4).
Who it protects
The bond benefits the people of Michigan. A person injured by a willful, malicious and wrongful act of the licensee or its agents or employees may bring an action on it under the statute.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Use the agency’s licensing security

LARA lists a $25,000 surety bond or the statutory insurance alternative for the security guard agency application. The bond must be approved by the department; purchasing it does not grant the agency license.

Keep the qualifying officer's credentials and agency entity documents together. LARA's initial application asks for a Michigan physical location, entity records and qualifying officer materials as well as the bond or insurance evidence.

Apply for the bond, then upload it

Purchase Now opens Propeller in a new tab. Enter your agency's exact legal name, Michigan office address, licensing details and requested bond date.

Once issued, review the bond against the agency application and upload it with the required documents in MiCLEAR. Keep the issued copy with your agency licensing records.

Sources

Have these ready

  1. Agency legal name and Michigan office address.
  2. Qualifying officer's name and agency application or license details.
  3. LARA's $25,000 bond requirement, required form and requested effective date.

Questions about this bond

Is the bond the only permitted financial security?

No. MCL 338.1059(4) also allows an insurance policy with the specified limits and named coinsureds. This page is for the surety bond route.

Does this authorize the qualifying officer or agency to work?

The department must approve the license. The bond is one part of that application, alongside the agency and qualifying officer requirements.

Where does the issued bond go?

LARA’s initial agency instructions call for the surety bond or insurance certificate to be uploaded with the MiCLEAR application documents.

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